Jaguar XJ 2024 3.0L Luxury LWB (340 PS) Car Loan Calculator in KUWAIT

To be eligible for a car loan in Kuwait, you typically need to be at least 21 years old, have a stable income, and a good credit score. Some banks may also require proof of residency.

You can apply for a car loan by visiting your chosen bank's website or branch, filling out an application form, and providing necessary documents such as income proof, ID, and vehicle details.

Yes, taking a car loan can affect your credit score. If you make timely payments, it can improve your score, but missed payments may lower it.

Factors that influence the interest rate include your credit score, the loan amount, the loan term, and the bank's policy. A higher credit score usually leads to a lower interest rate.

Consider the total cost of the loan, including interest payments, your budget for monthly installments, and your ability to make payments without affecting your financial stability.